A semiconductor company will build a nearly $2 billion plant in Wichita as part of an Economic Development Project that state officials announced late last week. A panel of lawmakers and the Governor approved a $300 million Tax Incentive Package for Integra Technologies. The company says it will build a 1 million-square-foot factory and create nearly 2,000 jobs. The deal, which is contingent upon securing federal funding, promised for rebuilding the nation’s chip making capacity, is approved under the same state law that helped Kansas attract a $4 billion Panasonic battery factory.
The announcement for the chip plant comes as the U. S works to increase production capacity following the recent semiconductor chip shortage.
